Gift of Parenthood Inc

Analysis

Gift of Parenthood Inc is a registered charity in United States, based in Spring House, PA. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gift of Parenthood Inc reported income of $358k and spending of $367k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $292k to $358k (+23%), an average of +7.1% a year. The sharpest change came in the year to December 2021, when income rose by 82%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Gift of Parenthood Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within PA. Charities of a similar size with the same main cause include Humble Path NP ($358k), Burlington Community Fund Ltd ($358k) and Saranac Lake Rotary Foundation Inc ($358k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $42k against liabilities of $65k, net assets of -$23k.